Residents cannot be denied membership of RWAs, says Haryana minister

GURUGRAM: No resident or property owner of a society can be denied the membership of Residents Welfare Association (RWA), said agriculture minister J P Dalal during the district grievance committee meeting on Tuesday. While hearing the complaints of a residential society in Sector 82A, the minister directed the district registrar firms and society to ensure […]

Wells Fargo International Solutions renews 3.7 lakh-sq-ft office lease in Hyderabad

Wells Fargo International Solutions, the back-end arm of American financial service major Wells Fargo, has renewed its lease for over 3.7 lakh sq ft of commercial office space in Hyderabad, marking one of the largest office lease transactions in the country in 2023. According to a lease document shared by Propstack, a data analytic firm, […]

Delay in handing over flat, Gurugram-based BlackBerry Realcom asked to refund Rs 76 lakh

LUDHIANA: District Consumer Disputes Redressal Commission has ordered a real estate company to refund the advance payment of Rs 76.4 lakh, along with interest, to a Ludhiana-based couple for delay in handing them over a flat in Gurgaon. The commission, comprising its president Sanjeev Batra and members Jaswinder Singh and Monika Bhagat also ordered Gurgaaon-based […]

Builders in Gurugram asked to submit layouts for structural test

GURUGRAM: The department of town and country planning (DTCP) has issued notices to developers to submit building drawings of their projects to start a structural audit process at the earliest. The structural audit process of 23 highrise residential societies, which was to begin last week, got delayed as developers are yet to furnish building drawings, […]

Sebi extends time to July 25 to auction 61 properties of Saradha Group

NEW DELHI: Capital markets regulator Sebi on Thursday said it has extended the time to July 25 to auction 61 properties of Saradha Group, which illegally mobilised money from investors. Earlier, the auction was scheduled for July 17. The regulator has been auctioning the properties of Saradha Group in a bid to recover money raised […]

Noida: Ajnara Panorama home buyers’ decade-old wait for flats grows longer

NOIDA: Nearly 685 homebuyers who invested in the Ajnara Panorama project in Sector 22A have been waiting for possession of their flats and villas since 2012. Despite having paid substantial amounts, ranging from 80–100%, the buyers rued they still had to pay rent as well as EMIs for the loans they had taken. The situation […]

Birla Estates to buy Thane land parcel from Hindalco Industries for Rs 595 crore

NEW DELHI: Birla Estates (BEPL), a wholly owned subsidiary of Century Textiles and Industries (CTIL), has bought a land parcel situated at Kalwa, Thane from Hindalco Industries (HIL) for Rs 595 crore, both the companies informed in separate BSE filings. “…the board of directors have approved the proposal to acquire the land parcel situated at […]

Over 700 property tax data correction applications pending with Manesar civic bo dy

GURUGRAM: As many as 703 property tax data correction applications are pending with the Municipal Corporation of Manesar (MCM) taxation department. MCM also received 93 applications for making new property IDs, officials said. The data was tabled by MCM officials in a review meeting chaired by the MCM commissioner here on Monday, earlier this week.MCM […]

Godrej Properties wins bids for two group housing plots in Gurugram

NEW DELHI: Godrej Properties (GPL) has emerged as the highest bidder and has secured the letter of intent to develop two group housing plots through an e-auction conducted by the Haryana Shehri Vikas Pradhikaran (HSVP), the company said in a regulatory filing. Gaurav Pandey, MD & CEO of the company said, “It aligns well with […]

About 1% hike in transfer duty on transfer of immovable properties in Delhi

NEW DELHI: The transfer duty on transfer of immovable properties in Delhi has been increased by one per cent, according to authorities. However, this enhancement is applicable for registration of instruments having amount worth over Rs 25 lakh, according to an official document issued by Delhi government’s department of urban development. The document refers to […]

MCD plans a fresh survey of Delhi’s dilapidated buildings

NEW DELHI: The MCD plans to resurvey buildings in vulnerable areas, officials said on Monday. “In view of the unprecedented rainfall in Delhi, all engineering staff have been asked to keep vigil on buildings/structures in their respective zones and carry surveys wherever required,” an official said. They stated that a survey was done prior to […]

Experion Developers buys three Delhi-NCR plots in Rs 1,100 crore deal

NEW DELHI: Experion Developers, the fully FDI-funded real estate developer backed by Singapore’s Experion Holdings, has acquired three land parcels in NCR for Rs 1,100 crore for residential and commercial development, its CEO Routhu Nagaraju told ET. Among the acquisitions, a 4-acre land plot situated on Golf Course Road in Gurgaon was acquired for Rs […]

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